Showing 1 - 10 of 131
UOB, Partners Lead THB7.3bn Green Data Centre Deal
Published on 11/09/2025
» Bangkok, September 10, 2025 — UOB (as deal coordinator, green loan coordinator, and mandated lead arranger), together with the Asian Development Bank (ADB), Bangkok Bank, KASIKORNBANK, Kiatnakin Phatra Bank, Oversea-Chinese Banking Corporation (OCBC), and Siam Commercial Bank (collectively the mandated lead arrangers), have successfully led and arranged a THB7.3 billion green financing project for GSA Data Center 01 (GSA DC), the inaugural joint venture between Gulf Development (GULF), Singtel, and Advanced Info Service (AIS). This landmark green financing project will support the development and construction of a 25.6MW data centre in Samut Prakan, south of Bangkok, to meet the growing demand of data processing across Southeast Asia.
Paetongtarn’s suspension hits Thailand's troubled economy
Bloomberg News, Published on 02/07/2025
» Thailand’s ruling coalition was already fraying when a court suspended Prime Minister Paetongtarn Shinawatra on Tuesday, raising fresh doubts about her survival, the country’s economy and the future of a dynasty that has loomed over the Southeast Asian nation for decades.
Thai stocks jump on bets political turmoil may spur rate cuts
Published on 01/07/2025
» Thai shares jumped most in a week on Tuesday after the Constitutional Court’s suspension of Prime Minister Paetongtarn Shinawatra raised hopes of further interest-rate cuts, while the baht held steady against the dollar.
Thai Union Secures $150M ADB Blue Loan for Sustainability
Published on 08/05/2025
» BANGKOK – May 8, 2025 –Thai Union Group PCL, a global leader in the seafood industry, has secured a landmark US$150 million Blue Loan from the Asian Development Bank (ADB)—the first such financing in Thailand’s seafood sector. The milestone sets a new benchmark for sustainable finance in aquaculture, reinforcing Thai Union’s commitment to responsible sourcing, sustainable seafood production, and climate resilience.
Gold surges past $3,100 as US tariffs, uncertainty propel safe-haven flows
Reuters, Published on 31/03/2025
» Gold prices on Monday soared above US$3,100 per ounce for the first time as concerns around US President Donald Trump's tariffs and the potential economic fallout, combined with geopolitical worries, drove a fresh wave of investments into the safe-haven asset.
Thai PM Paetongtarn on list of 100 most powerful women in world
Post Reporters, Published on 15/12/2024
» Prime Minister Paetongtarn Shinawatra is listed among the "100 World’s Most Powerful Women 2024" by Forbes Magazine.
Vietnam gets ready for a new US-China trade war
News, Published on 12/11/2024
» The last time Donald Trump was the US president, Vietnam reaped big benefits from the trade war he started with China. This time around, the outcome could be different.
China steps up stimulus campaign
Published on 12/10/2024
» BEIJING - China pledged on Saturday to “significantly increase” debt to revive its sputtering economy, but left investors guessing about the overall size of the stimulus package, a vital detail to gauge the longevity of its recent stock market rally.
China’s Golden Week Sees 60% Outbound Travel Surge via Alipay
Published on 08/10/2024
» During the 2024 National Day Golden Week, Alipay recorded a significant increase in both China’s outbound and inbound tourism spending.
Dollar rises with crypto as markets turn in favour of Trump victory
Published on 15/07/2024
» SINGAPORE - The dollar rose broadly on Monday and cryptocurrencies jumped as trades for a victory by Donald Trump in the upcoming US elections gathered steam in the wake of an attempted assassination of the former US President.